vs
Mueller Water Products, Inc.（MWA）与Royalty Pharma plc（RPRX）财务数据对比。点击上方公司名可切换其他公司
Royalty Pharma plc的季度营收约是Mueller Water Products, Inc.的2.0倍（$622.0M vs $318.2M），Royalty Pharma plc净利率更高（34.4% vs 13.6%，领先20.9%），Royalty Pharma plc同比增速更快（4.8% vs 4.6%），过去两年Royalty Pharma plc的营收复合增速更高（4.6% vs -5.1%）
穆勒水业（Mueller Water Products, Inc.）是总部位于美国佐治亚州亚特兰大的上市企业，为北美规模顶尖的消防栓、闸阀及其他水务基础设施产品生产商与分销商之一，旗下设有Mueller Co.和Mueller Technologies两大业务单元，运营包括Echologics、Mueller Systems在内的十余个品牌及关联主体。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
MWA vs RPRX — 直观对比
营收规模更大
RPRX
是对方的2.0倍
$318.2M
营收增速更快
RPRX
高出0.2%
4.6%
净利率更高
RPRX
高出20.9%
13.6%
两年增速更快
RPRX
近两年复合增速
-5.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $318.2M | $622.0M |
| 净利润 | $43.2M | $214.2M |
| 毛利率 | 37.6% | — |
| 营业利润率 | 17.8% | 62.4% |
| 净利率 | 13.6% | 34.4% |
| 营收同比 | 4.6% | 4.8% |
| 净利润同比 | 22.4% | 2.9% |
| 每股收益（稀释后） | $0.27 | $0.49 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MWARPRX
| Q4 25 | $318.2M | $622.0M | ||
| Q3 25 | $380.8M | $609.3M | ||
| Q2 25 | $380.3M | $578.7M | ||
| Q1 25 | $364.3M | $568.2M | ||
| Q4 24 | $304.3M | $593.6M | ||
| Q3 24 | $348.2M | $564.7M | ||
| Q2 24 | $356.7M | $537.3M | ||
| Q1 24 | $353.4M | $568.0M |
净利润MWARPRX
| Q4 25 | $43.2M | $214.2M | ||
| Q3 25 | $52.6M | $288.2M | ||
| Q2 25 | $52.5M | $30.2M | ||
| Q1 25 | $51.3M | $238.3M | ||
| Q4 24 | $35.3M | $208.2M | ||
| Q3 24 | $10.0M | $544.0M | ||
| Q2 24 | $47.3M | $102.0M | ||
| Q1 24 | $44.3M | $4.8M |
毛利率MWARPRX
| Q4 25 | 37.6% | — | ||
| Q3 25 | 36.8% | — | ||
| Q2 25 | 38.3% | — | ||
| Q1 25 | 35.1% | — | ||
| Q4 24 | 33.8% | — | ||
| Q3 24 | 31.8% | — | ||
| Q2 24 | 36.8% | — | ||
| Q1 24 | 36.9% | — |
营业利润率MWARPRX
| Q4 25 | 17.8% | 62.4% | ||
| Q3 25 | 18.3% | 70.1% | ||
| Q2 25 | 19.4% | 36.3% | ||
| Q1 25 | 19.2% | 94.0% | ||
| Q4 24 | 15.6% | 60.9% | ||
| Q3 24 | 8.2% | — | ||
| Q2 24 | 18.8% | 50.2% | ||
| Q1 24 | 18.0% | -13.0% |
净利率MWARPRX
| Q4 25 | 13.6% | 34.4% | ||
| Q3 25 | 13.8% | 47.3% | ||
| Q2 25 | 13.8% | 5.2% | ||
| Q1 25 | 14.1% | 41.9% | ||
| Q4 24 | 11.6% | 35.1% | ||
| Q3 24 | 2.9% | 96.3% | ||
| Q2 24 | 13.3% | 19.0% | ||
| Q1 24 | 12.5% | 0.8% |
每股收益（稀释后）MWARPRX
| Q4 25 | $0.27 | $0.49 | ||
| Q3 25 | $0.34 | $0.67 | ||
| Q2 25 | $0.33 | $0.07 | ||
| Q1 25 | $0.33 | $0.55 | ||
| Q4 24 | $0.22 | $0.46 | ||
| Q3 24 | $0.07 | $1.21 | ||
| Q2 24 | $0.30 | $0.23 | ||
| Q1 24 | $0.28 | $0.01 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $618.7M |
| 总债务越低越好 | — | $9.0B |
| 股东权益账面价值 | $1.0B | $9.7B |
| 总资产 | $1.8B | $19.6B |
| 负债/权益比越低杠杆越低 | — | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资MWARPRX
| Q4 25 | — | $618.7M | ||
| Q3 25 | — | $938.9M | ||
| Q2 25 | — | $631.9M | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $929.0M | ||
| Q3 24 | — | $950.1M | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $843.0M |
总债务MWARPRX
| Q4 25 | — | $9.0B | ||
| Q3 25 | — | $8.9B | ||
| Q2 25 | — | $8.0B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | — | $7.6B | ||
| Q2 24 | — | $7.6B | ||
| Q1 24 | — | $6.1B |
股东权益MWARPRX
| Q4 25 | $1.0B | $9.7B | ||
| Q3 25 | $981.7M | $9.6B | ||
| Q2 25 | $929.0M | $9.5B | ||
| Q1 25 | $873.6M | $9.8B | ||
| Q4 24 | $834.1M | $10.3B | ||
| Q3 24 | $810.1M | $10.3B | ||
| Q2 24 | $791.6M | $9.8B | ||
| Q1 24 | $754.5M | $9.9B |
总资产MWARPRX
| Q4 25 | $1.8B | $19.6B | ||
| Q3 25 | $1.8B | $19.3B | ||
| Q2 25 | $1.7B | $18.3B | ||
| Q1 25 | $1.7B | $17.6B | ||
| Q4 24 | $1.6B | $18.2B | ||
| Q3 24 | $1.6B | $18.0B | ||
| Q2 24 | $1.6B | $17.7B | ||
| Q1 24 | $1.5B | $16.1B |
负债/权益比MWARPRX
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.62× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $61.2M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $44.0M | — |
| 自由现金流率自由现金流/营收 | 13.8% | — |
| 资本支出强度资本支出/营收 | 5.4% | — |
| 现金转化率经营现金流/净利润 | 1.42× | 3.86× |
| 过去12个月自由现金流最近4个季度 | $173.8M | — |
8季度趋势，按日历期对齐
经营现金流MWARPRX
| Q4 25 | $61.2M | $827.1M | ||
| Q3 25 | $83.5M | $702.6M | ||
| Q2 25 | $67.4M | $364.0M | ||
| Q1 25 | $14.3M | $596.1M | ||
| Q4 24 | $54.1M | $742.5M | ||
| Q3 24 | $89.3M | $703.6M | ||
| Q2 24 | $87.3M | $658.2M | ||
| Q1 24 | $-5.7M | $664.6M |
自由现金流MWARPRX
| Q4 25 | $44.0M | — | ||
| Q3 25 | $69.0M | — | ||
| Q2 25 | $55.7M | — | ||
| Q1 25 | $5.1M | — | ||
| Q4 24 | $42.2M | — | ||
| Q3 24 | $69.9M | — | ||
| Q2 24 | $75.1M | — | ||
| Q1 24 | $-15.8M | — |
自由现金流率MWARPRX
| Q4 25 | 13.8% | — | ||
| Q3 25 | 18.1% | — | ||
| Q2 25 | 14.6% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 13.9% | — | ||
| Q3 24 | 20.1% | — | ||
| Q2 24 | 21.1% | — | ||
| Q1 24 | -4.5% | — |
资本支出强度MWARPRX
| Q4 25 | 5.4% | — | ||
| Q3 25 | 3.8% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | 5.6% | — | ||
| Q2 24 | 3.4% | — | ||
| Q1 24 | 2.9% | — |
现金转化率MWARPRX
| Q4 25 | 1.42× | 3.86× | ||
| Q3 25 | 1.59× | 2.44× | ||
| Q2 25 | 1.28× | 12.06× | ||
| Q1 25 | 0.28× | 2.50× | ||
| Q4 24 | 1.53× | 3.57× | ||
| Q3 24 | 8.93× | 1.29× | ||
| Q2 24 | 1.85× | 6.45× | ||
| Q1 24 | -0.13× | 139.10× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MWA
| Water Flow Solutions | $173.0M | 54% |
| Water Management Solutions | $145.2M | 46% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
